Factor in the cost to repurchase those rate caps, and that’s the true DSCR on the current debt or look at the DSCR based on the equivalent fixed rate debt interest rate.If you’re looking for high level feedback, I would say that it is extremely likely that fund 2 is heading in the same direction as fund 1.

The note investor who thought the debtor had to pay for the full term of the note and couldn’t pay off the note early 5.

One is that a modification agreement can be reached and the debtor starts making payments as agreed to.  

The only reason to do a cashout refi is to replace expensive debt with cheaper debt or use the money to purchase more investments that make more money than the cashout refis debt service payments.

Correct, no debt or extremely limited.

A purchase agreement is a waste of time and energy and complicates the issue for Harry Homeowner.This is not a beginner strategy as there are federal laws concerning approaching debtors who have been given a notice of foreclosure.

How will I finance it (equity, debt or a mixture of both)?

Next year i'll hit top pay and should start bringing in 1.2-1.3k a week. and the year after that i plan to move to linehaul and make about 2k a week.I do have a lot of debt, or at least it feels like it to me. the breakdown being;23k in college debt i got getting a bachelors that i never used across 5 loans ranging from 3 to 5% interest rate5k in bank loan debt i got getting my trucker cdl a at 12% interest rate.2.5k in credit card debt from not having an emergency fund and then having emergencies.

These transactions are defined by the terms of the Mortgages , Deeds of Trust , or Deed to secure debt or what ever type of debt instrument that is state specific.

The only “control” an investor has when he invests in REITS, (or any stocks for that matter), mutual funds, real estate syndications, whether debt or equity, or minority shares in a business, is whether to keep or to sell his investment, and often not even that.